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  • Friday newspaper round-up: Jones, Crest Nicholson, Deutsche Bank

    Friday 24 Mar 2017

    (ShareCast News) - Jones Bootmaker is expected to call in administrators on Friday in a move that will put more than 1,100 jobs at risk. The shoe retailer, which employs 1,145 people, has nearly 100 stores and a handful of concessions in department stores. It is understood to be close to going under after a deal with a private equity firm collapsed. - Guardian

  • Thursday newspaper round-up: Retirement, Centrica boss, energy prices

    Thursday 23 Mar 2017

    (ShareCast News) - Millions of people in their late 30s and early 40s look set to have to work for an extra year after an official review recommended pushing up the state pension age (SPA) more quickly than previously planned. The independent report said the SPA should rise to 68 by 2039 instead of 2046. It also recommended that the state pension "triple lock" is withdrawn in the next parliament. - Guardian

  • Tuesday newspaper round-up: Laundering, insurance claims, Le Pen, Dowson

    Tuesday 21 Mar 2017

    (ShareCast News) - Britain's high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the Guardian can reveal. HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 banks based in the UK, or with branches here, that are facing questions over what they knew about the international scheme and why they did not turn away suspicious money transfers. - Guardian

  • Monday newspaper round-up: Banking regulations, investing boost, Bovis, water deals

    Monday 20 Mar 2017

    (ShareCast News) - Ministers from the world's leading economies have agreed to review banking regulations in a move that could start to unpick reforms made since the financial crisis. The decision was taken at the G20 meeting of finance ministers and central bank governors in Baden-Baden, Germany, over the weekend. - The Times

  • Sunday newspaper round-up: Unilever, BoE, SSE, Pound

    Sunday 19 Mar 2017

    (ShareCast News) - Unilever is preparing a £6bn sale of brands including Flora and Stork as part of its response to the ill-fated takeover bid from Kraft Heinz. Chief executive Paul Polman will unveil a slew of cost-cutting and restructuring measures next month following shareholder pressure prompted by the unwanted $143bn (£115.3bn) bid from the American food giant. The bid fell apart amid trenchant opposition from Unilever's board. A strategic review, which the board had already started, is now being accelerated. Polman is expected to earmark the sale of the margarine and spreads business as one of a number of possible responses. - The Sunday Times

  • Friday newspaper round-up: May gets tough, consumer spending, Lloyds, Google

    Friday 17 Mar 2017

    (ShareCast News) - Theresa May stepped up the pressure on Nicola Sturgeon, accusing the SNP leader of forcing a "fundamentally unfair" independence referendum that would damage Brexit negotiations. In an article for The Times, the prime minister toughens her stance against starting talks over a second independence vote before spring 2019 - the timetable set out by Ms Sturgeon in a surprise announcement this week.

  • Thursday newspaper round-up: Energy companies, money laundering, tech giants

    Thursday 16 Mar 2017

    (ShareCast News) - Energy companies are braced for a sharp political backlash on Thursday as MPs debate plans to intervene in energy tariff pricing to protect consumers who are slow to switch. Fifty MPs have backed calls from John Penrose, a Conservative former minister, demanding "immediate action" from Government to ease the pressure on 20 million households which are on standard energy tariffs. - Telegraph

  • Wednesday newspaper round-up: UK construction, Unilever, GSK boss

    Wednesday 15 Mar 2017

    (ShareCast News) - The UK construction industry could lose more than 175,000 EU workers - or 8% of the sector's workforce - if the country does not retain access to the European single market after Brexit, the government has been told. Such an outcome could put key infrastructure and construction projects at risk at a time when the sector was also facing other pressures, including the tax changes in the recent budget, said the Royal Institution of Chartered Surveyors (Rics). - Guardian

  • Tuesday newspaper round-up: Brexit bill, May delay, Trump, M&S

    Tuesday 14 Mar 2017

    (ShareCast News) - Theresa May's Brexit bill on Monday night cleared all its hurdles in the Houses of Parliament, opening the way for the prime minister to trigger article 50 by the end of March. Peers accepted the supremacy of the House of Commons late on Monday night after MPs overturned amendments aimed at guaranteeing the rights of EU citizens in the UK and giving parliament a "meaningful vote" on the final Brexit deal. - Guardian

  • Monday newspaper round-up: Scottish referendum, post-Brexit trade, fracking

    Monday 13 Mar 2017

    (ShareCast News) - Nicola Sturgeon will threaten to derail Brexit by setting out plans for a second independence referendum unless Theresa May offers Scotland a special deal. The Scottish First Minister could name the date she intends to hold a new referendum as early as this week if Mrs May does not bow to her will. - Telegraph

  • Sunday newspaper round-up: Bovis Homes, Vodafone, HSBC

    Sunday 12 Mar 2017

    (ShareCast News) - Troubled builder Bovis Homes is in talks with rival construction firm Galliford Try over a merger that would create one of Britain's biggest housebuilders. Bovis, which has recently come under fire for the quality of its newbuild homes, was forced to confirm over the weekend that it had received takeover approaches from both Galliford and another housebuilder, Redrow. - The Guardian

  • Friday newspaper round-up: NICs delay, Brexit rebate, Mars, Blue

    Friday 10 Mar 2017

    (ShareCast News) - Theresa May said she will delay legislating to implement a controversial national insurance rise for self-employed workers until the autumn, after a public rebellion by senior Conservatives, including a government minister. The measure was a centrepiece of Philip Hammond's first budget, which had appeared to be unravelling on Thursday, as a series of MPs voiced concern about the policy. - Guardian

  • Thursday newspaper round-up: Scotland, Standard Life, Ogden, Google

    Thursday 09 Mar 2017

    (ShareCast News) - Nicola Sturgeon has claimed autumn 2018 would be the 'common-sense time' to stage a second Scottish independence referendum. The First Minister yesterday refused to rule out holding another divisive vote on breaking up the Union within the next 18 months. - Daily Mail

  • Wednesday newspaper round-up: UK Budget, North Korea warning, Brexit battles

    Wednesday 08 Mar 2017

    (ShareCast News) - The United States and North Korea are racing towards a catastrophic "head-on collision", China's foreign minister has warned, amid Chinese fury at America's deployment of a controversial anti-missile system. Speaking in Beijing on Wednesday, Wang Yi said a "looming crisis" was brewing on the Korean peninsular. - Guardian

  • Tuesday newspaper round-up: Oil, Vauxhall, Efta, Sky, ITV

    Tuesday 07 Mar 2017

    (ShareCast News) - A global glut of oil could turn into a shortage within three years unless billions of dollars worth of new investments are made in the industry, the International Energy Agency said yesterday. In its latest five-year oil market forecast, the agency said that supplies of oil until 2020 appeared comfortable but after that it predicted a rapid fall in new supply growth, the consequence of a sharp drop in investment since crude prices plunged in 2014. - The Times

  • Monday newspaper round-up: China GDP, SL-Aberdeen cuts, ITV, Budget

    Monday 06 Mar 2017

    (ShareCast News) - China has cut its growth target to around 6.5 percent for 2017, as Beijing focuses on stability ahead of a sensitive political gathering later this year. The Chinese economy slowed to a growth rate of 6.7 per cent last year, the lowest since 1990 as Beijing acts to transform its export-driven economy to a more stable, consumer-led model. - Telegraph

  • Sunday newspaper round-up: Budget, bank warnings, Marks & Spencer, Sky

    Sunday 05 Mar 2017

    (ShareCast News) - Philip Hammond wrote that he will use this week's budget to build up a £60bn Brexit war chest to boost Britain's "resilience" to economic turbulence as the UK withdraws from the European Union. The chancellor warned that it would be "reckless" to turn on the spending taps before Brexit in 2019, but will announce a £1.3bn cash injection for councils to deal with the social care crisis and another £500m for 'T-Levels' technical training, both funded by cuts elsewhere. - Sunday Times

  • Friday newspaper round-up: Brexit, PPI, Glencore

    Friday 03 Mar 2017

    (ShareCast News) - Plunging out of the European Union in two years without a new trade deal would open up a Pandora's box for Britain's businesses, Paul Drechsler, the president of CBI, has warned. As Theresa May prepares to trigger the formal talks process for leaving the EU, Drechsler used a speech at Mansion House in the City of London on Thursday night to warn that the two-year article 50 process would be a "roller-coaster" for businesses trying to plan for the future. - Guardian

  • Thursday newspaper round-up: Job losses, Dominic Chappell, Snapchat

    Thursday 02 Mar 2017

    (ShareCast News) - Nearly 1,400 UK jobs are at risk as pharmacy chain Boots, Walkers crisps and bakery Greggs all cut costs. Both Walkers and Greggs are restructuring their manufacturing operations in an attempt to improve efficiency. The Bakers, Food and Allied Workers' Union said more than 600 jobs were at risk at nine Greggs bakeries around the UK. - Guardian

  • Wednesday newspaper round-up: Nissan, 21st Century Fox, Dyson

    Wednesday 01 Mar 2017

    (ShareCast News) - Nissan has called on the government to provide investment to help rebuild the UK's car parts business so it can replace components that come from overseas after the country leaves the EU. A Commons select committee was told by a senior Nissan executive that the company was forced to source up to 85% of its components from Japan, China and Europe, as the necessary car parts were no longer produced in the UK. If these parts were made in the UK instead, Nissan would spend up to £2bn a year with British suppliers. - Guardian

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